Marketıng Management Deneme Sınavı Sorusu #1030679

Which of the following is not a characteristic of pure competition?


All the services sold are homogeneous.

No company is large enough to affect prices.

Some products being sold are better than others.

There is a large number of buyers.

The prices are determined by the markets.


Yanıt Açıklaması:

In pure competition, the products are homogenous, and there are so many buyers and sellers in the market, thus there is no firm becoming large enough to affect prices.

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